Bursa opens lower as KLCI falls below 1,600 points
Declining stocks outnumbered gainers 216 to 109 in early trading, while Petronas Dagangan recorded the largest fall.
Malaysia’s benchmark share index was down 3.16 points at 1,592.03 by 9.10 am on November 12, 2026, as Bursa Malaysia started trading lower despite Wall Street’s overnight advance. The FTSE Bursa Malaysia KLCI had ended the previous session at 1,595.19.
The opening level was 1,591.58, a decline of 3.61 points. Across the market, 216 stocks fell and 109 advanced, with another 255 unchanged. Trading volume reached 253.49 million units, valued at RM83.18 million.
Petronas Dagangan topped the losing stocks with a 30 sen drop to RM19.22. Among heavyweights, CIMB retreated three sen to RM7.05 and Tenaga Nasional dropped six sen to RM12.90. Public Bank moved up two sen to RM4.55, whereas Maybank held at RM9.95.
Plantation stocks were among the gainers. United Plantations added 78 sen, reaching RM31.02; Sarawak Plantation was up 15 sen at RM4.08; and SD Guthrie increased 13 sen to RM6.12. The Plantation Index advanced 77.06 points to 8,804.99.
Apex Securities Bhd described the benchmark’s outlook as bearish following its retreat below 1,600 points. The brokerage said investors were likely to be selective ahead of third-quarter 2026 earnings, with company results and management guidance expected to influence individual stocks. It also flagged the November 14 Melaka state election as a possible source of near-term uncertainty.
